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Indonesian VC recommends Tokyo IPO amid Japan stock boom

JAKARTA -- Indonesian venture capital firm Indogen Capital is advising startups to go public in Tokyo as shares traded on the Japanese market are surging this year.

"Now, in 2024, suddenly the JPX is becoming prime, even better than the Nasdaq or even the [New York Stock Exchange]," Managing Partner Chandra Firmanto said, referring to the Japan Exchange Group, which operates the Tokyo Stock Exchange.

Read more on asia.nikkei.com